$SUI
The SUI token serves four primary functions within the Sui ecosystem:
Proof-of-stake participation - Sui implements a delegated proof-of-stake mechanism, rewarding honest behavior by validators and SUI token holders who stake with them.
Gas fee payments - SUI tokens cover gas fees for executing transactions and storing data onchain.
The trading volume of Sui (SUI) is $1,942,395,823 in the last 24 hours, representing a -22.80% decrease from one day ago and signalling a recent fall in market activity.
The highest price paid for Sui (SUI) is $5.35, which was recorded on Jan 04, 2025 (about 15 hours). Comparatively, the current price is 2.94% lower than the all-time high price.
MARKET CAP:
Market capitalization of Sui (SUI) is $15,592,966,324 and is ranked #13 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SUI tokens (3 Billion tokens are tradable on the market today)
According to current Sui Crypto price prediction, the price of Sui Crypto is predicted to rise by 229.40% and reach $ 17.02 by February 4, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 72 (Greed). Sui Crypto recorded 15/30 (50%) green days with 6.42% price volatility over the last 30 days. Based on the Sui Crypto forecast, it's now a good time to buy Sui Crypto.